Capitalization of Interest A company begins construction of an asset on January 1, 2010, and completes construction
Question:
$1,000,000....January 1
$2,000,000 .........July 1
$1,000,000..December 31
Calculate the average accumulated expenditures for the purpose of capitalizing interest.
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Related Book For 
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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